Israeli armoured personnel carriers and tanks move towards the country's southern border. AP
Israeli armoured personnel carriers and tanks move towards the country's southern border. AP
Israeli armoured personnel carriers and tanks move towards the country's southern border. AP
Israeli armoured personnel carriers and tanks move towards the country's southern border. AP

Israel preparing for 'four to six months' of war with Hamas


Anjana Sankar
  • English
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Live updates: Follow the latest news on Israel-Gaza

Israel is prepared for a long military struggle against Hamas, with the war in Gaza expected to last “four to six months”, and the country is arming more civilians to ward off future attacks, a senior Israeli politician said on Wednesday.

“It is going to take time. We understand that. We believe it is going to take about four months to six months for a such a war [to end],” Sharren Haskel, a member of the Knesset from the National Unity Party who sits on the foreign affairs and national security committees, told The National.

The conflict is in its fourth week and is seeing ground troops press deep into the Palestinian enclave, with mounting casualties on both sides.

“Israel has the money, capability and economic patience for this war,” Ms Haskel said. “We will get through this.”

Prime Minister Benjamin Netanyahu said on Wednesday that Israel's war in Gaza would be long but victorious.

“We are in a tough war. It will be a long war,” he said in a statement in which he also mourned the loss of a growing number of soldiers. “I promise to all citizens of Israel: we will get the job done. We will press ahead until victory.”

Fifteen soldiers have died in battle since Israeli forces launched the second phase of the war in Gaza with a ground invasion, according to the military.

Mr Netanyahu has ruled out international calls for a ceasefire and vowed to wipe out Hamas, which launched a brutal attack on October 7 that resulted in the deaths of 1,400 people and the taking of at least 240 hostages.

Since October 7, more than 8,500 people have been killed by Israeli air strikes and shelling in Gaza. An Israeli air strike on Jabalia, Gaza's largest refugee camp, killed at least 50 and injured 150 more overnight on Tuesday.

The Israeli military said the strike killed Hamas leader Ibrahim Biari.

Ms Haskel, who was also the former deputy Knesset speaker, said Israel has the financial muscle to fund the long war as it is focused on wiping out what she called an “ISIS-like enemy” on the border.

Israeli Finance Minister Bezalel Smotrich said that the direct cost of the war is about 1 billion shekels ($246 million) and that the current budget would be revised.

Last week, S&P Global downgraded Israel's economic outlook from to “stable” to “negative”.

10,000 Israelis apply for permits for guns

The war in Gaza has contributed to the further militarisation of Israeli society, after authorities relaxed rules for citizens to own firearms.

Ms Haskel said requests for firearms from Israeli private citizens have doubled or even tripled since the Knesset's National Security Committee relaxed requirements on October 15.

“We have received more than 10,000 requests from private citizens just last week, whereas the average number we get in a year used to be 5,000,” she said.

Minister of National Security Itamar Ben-Gvir, of the radical right-wing Jewish Power party, said he aims to arm an additional 400,000 citizens eligible to carry firearms.

Mr Ben-Gvir's comments, part of his long-term plans to create a National Guard that has been described as a private militia by critics, prompted the US to warn Israel that it would stop sending American guns.

Defending the policy, Ms Haskel said if civilians and first responders had rifles and M-16s on October 7, they would have been able to better defend themselves against Hamas's attack.

“Some of them were armed only with handguns. If they will be armed with M-16s, the scene would have looked much different,” she said.

“We are people who face serious threats. And time after time, we have to join forces to defeat our enemy. We have to make sure that this will never happen again.”

On the massive security lapse that allowed the October 7 attack, the politician said there will be a thorough investigation “the day after we won this war”.

“Now the resources are focused on fighting this war and defeating Hamas.”

An armed Israeli holds his son as they leave their vehicle to take cover during a rocket attack along a main road in Tel Aviv. AFP
An armed Israeli holds his son as they leave their vehicle to take cover during a rocket attack along a main road in Tel Aviv. AFP

Armed units in every border town

Ms Haskel said that every Israeli town in border areas will have a first response team armed with M-16 rifles.

“The civilians are allowed to have only hand guns while police forces and first responders are given M-16s,” she said.

Ruling out the threat of private militias posing a security threat, she said Israel has a different gun culture to other countries, as every adult has served in the army and is well trained in weapons.

She said the current regulation has only reduced the required level of military training for owning a gun from 7 to 3, so that more people can acquire firearms.

“People understand our military values of using guns to defend lives,” said Ms Haskel.

An Israeli soldier walks amid the rubble of a house destroyed during fighting with Hamas militants in Kibbutz Nir Oz, Israel. Bloomberg
An Israeli soldier walks amid the rubble of a house destroyed during fighting with Hamas militants in Kibbutz Nir Oz, Israel. Bloomberg
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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

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Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Karwaan

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8 traditional Jamaican dishes to try at Kingston 21

  1. Trench Town Rock: Jamaican-style curry goat served in a pastry basket with a carrot and potato garnish
  2. Rock Steady Jerk Chicken: chicken marinated for 24 hours and slow-cooked on the grill
  3. Mento Oxtail: flavoured oxtail stewed for five hours with herbs
  4. Ackee and salt fish: the national dish of Jamaica makes for a hearty breakfast
  5. Jamaican porridge: another breakfast favourite, can be made with peanut, cornmeal, banana and plantain
  6. Jamaican beef patty: a pastry with ground beef filling
  7. Hellshire Pon di Beach: Fresh fish with pickles
  8. Out of Many: traditional sweet potato pudding
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  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
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  • Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
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Honeymoonish
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The biog:

From: Wimbledon, London, UK

Education: Medical doctor

Hobbies: Travelling, meeting new people and cultures 

Favourite animals: All of them 

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Letswork%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EOmar%20Almheiri%2C%20Hamza%20Khan%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20co-working%20spaces%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%242.1%20million%20in%20a%20seed%20round%20with%20investors%20including%20500%20Global%2C%20The%20Space%2C%20DTEC%20Ventures%20and%20other%20angel%20investors%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20about%2020%3C%2Fp%3E%0A
Health Valley

Founded in 2002 and set up as a foundation in 2006, Health Valley has been an innovation in healthcare for more than 10 years in Nijmegen, the Netherlands.
It serves as a place where companies, businesses, universities, healthcare providers and government agencies can collaborate, offering a platform where they can connect and work together on healthcare innovation.
Its partners work on technological innovation, new forms of diagnostics and other methods to make a difference in healthcare.
Its agency consists of eight people, four innovation managers and office managers, two communication advisers and one director. It gives innovation support to businesses and other parties in its network like a broker, connecting people with the right organisation to help them further

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Updated: November 01, 2023, 3:27 PM